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20130211
20130219
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CNBC 2
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CNBC
Feb 14, 2013 7:00pm EST
report." the democrats led by harry reid are finally coming out with their own sequester replacement packa package. surprise, surprise, it's got a $54 billion tax hike. the plan looks dead in the water anyway. it's never going to pass the house republicans majority. we got 14 days to go on the sequester kicking in. i say bring it, it's time to cut spending. >> meanwhile, president obama is out on the campaign trail pushing his state of the union spending plan, which frankly also has no chance either. we're about to talk with a business leader ewho says the president stay put, work on corporate tax reform and pass a balanced budget. and the nightmare continues for the passengers on the disabled vessel in mexico. and the attacks on the company and the carnival ceo are just beginning. we're going to have the latest. the "kudlow report" begins right now. >>> all right. first up tonight, the democrats actually now have their own sequester plan. believe it or not. no budget but a sequester plan. let's get all the details from hampton pearson. he is live for us. >> good evening, larry. sena
CNBC
Feb 12, 2013 9:00am EST
? >> harry reid won't get a paycheck if he doesn't pass a budget. we finally got his attention. >> i don't think there's any tag days for him getting a paycheck but thank you. >> about the g-7 -- >> my word, absolutely. currency wars front and center, particularly london, the world's major foreign exchange center. notice the stock markets are higher almost across the board. one of the major reasons the banks are rallying today, at the helm, barclays. unveiled a structureture to cut costs and rebalance the bank away from investment banking and the way consumer units grow organically much faster and return to internal equity of about 15%. the stock is up 18%. it continues to gain and dragging other banks in the uk and elsewhere and spain with it, and what the ceo had to say. >> we have to manage our capital very effectively and reduce our cost space and reduce the ratio of compensation to our net income. that's what we're talking about today. >> for the record, the average bonus investment banking at barclays is down 17% at $84,000. the big debate in europe remains on currencies, brussels,
Search Results 0 to 1 of about 2